Are you looking for an honest Cash Magnets review?
Well, congratulations for finding it and for doing your research and due diligence before jumping in with both feet into a program that looks “seemingly” good. There are just too many scams on the internet, as I’m sure you know at this point, and not doing your research could potentially spell your doom.
If you’re wondering whether this program is a scam or legit program, whether it works as advertised or a flop, and whether it is even going to make you the $2k that Brendan is making every single day, then you’ve come to the right review.
I will be revealing everything that I have found out about this program and unlike other reviews of the program, I’m going to tell you things like they are. I’m not going to be pitching this program up to you just to make a sale and I’m going to be cmpletely honest and unbiased.
Without further ado, let’s get the party started.
Cash Magnets At A Glance
Owners: Brendan Mace / Jono Armstrong
Purpose: Make money online doing affiliate marketing
Do I Recommend It?: NO!
What Is Cash Magnets?
Brendan is the one presenting this opportunity on the sales page and within the video. He explains Cash Magnets as being a “set and forget” way of making money online, that will utilize free traffic and that can also make you money TODAY. You’ll be able to make passive income from this, upto even $2K every day.
The best part? You don’t need any special skills or experiences, meaning that even if you’re a newbie, you will be able to crush this and make full-time income. You’ll only need 20 – 30 minutes a day to make this work, all because Brendan does NOT want online business to be another JOB.
There are only 3 – 4 steps to making success happen;
1) Set up the cash magnet
2) Add their “secret sauce”
3) Watch your daily commissions pour in
4) OPTIONAL – Rinse and repeat to make more money
Unfortunately, that’s all a bunch of hypes and bull!
To be honest with you, Brendan makes the process sound way more easy than it really is and it’s the same thing with every single one of his products. There’s no way of making money online that will truly run on autopilot or in a “set it and forget it” fashion.
Why trust me? Because I speak from experience. Every ethical and honest marketer will tell you that it takes some work and patience to see results.
Sure, it is VERY possible to make $2K per day with online business but if it was as easy as Brendan claims, then everybody would have been rich. Who realistically CAN’T spend $12.95 on some training and spend 20 – 30 minutes a day working? If it was that easy to do, then aren’t more people quitting their jobs?
Wouldn’t it be better for them to do THIS business rather than trade their time for money to barely survive?
This just goes to show you how misleading the sales page is for this product and for almost every other product that Brendan and Jono have released. Check out their products like The Clones and The Banger Method and you’ll see what I mean.
The Training – What’s Inside?
Isn’t it just so frustrating that there’s so much on the sales page, and yet, there’s nothing? You’re not told about what you’re actually going to learn in general, are you? What’s the use of such a sales page, when you can’t make an informed decision by the end?
Lucky for you, I did my research and I’m able to bring you everything that I have been able to find out about the program right here!
First of all, unlike the many other products that I have reviewed, Brendan and Jono are real people. They have Youtube Channels and are successful online marketers. Does it mean that I will recommend their products through? Let’s first take a look at what’s inside.
What I found out was that Brendan and Jono will be showing you how to make money using a model called Affiliate Marketing. I’m happy to say that this is a legit way of making money online. I should know because I am an affiliate marketer too and I make a passive income from it.
If you want more reassurance, let me tell you that even big companies like Walmart, Best Buy, Amazon and eBay have affiliate programs, so you can count on this method being one that works and one that is legal.
What you’re basically going to learn from the training here is how to promote other people’s product and make a commission off of each sale that you facilitate. So it’s true that you won’t need to create products nor deal with customer service or shipping and receiving.
Brendan will show you how to set up funnels, how to do reviews of different products, how to drive free traffic using a website through blogging, through Youtube, as well as through social media.
This method itself is how people in general make money doing affiliate marketing. I personally use them as well, so they do work. But in my opinion, the training is VERY shallow. There won’t be enough information or instruction for you to start making the kind of money that you are shown on the sales page.
It might seem like a lot of information and a lot of training but all Brendan does is touch upon different ideas and shows you how they work generally. Don’t expect any in-depth training.
You pay $13 for this training, you get $13 of information. Nothing more! Even a 7-year-old can tell that investing $13 will NOT result in a return on your investment as high as $2000 per day.
Costs To Consider – Oh, They’re Steep!
I just hate it when these marketers make it seem like the cost on the sales page is ALL you’ll need to invest to make success happen. Most often than not, there are hidden costs or costs that are required for tools and whatnot, that are not disclosed.
To run a sound business, you need to know of the costs required to run it before signing up for it, because that’s the thing with business; you CANNOT go halfway. If you can invest $20 per month on your business, what’s the use of signing up for a training course that will require you to invest $60 per month?
That’s just signing up for failure.
The costs you need consider are as follows:
1) ProfitBuilder – $67
This will allow you to create your funnels with ease. Sure, it could be the tool that Brendan himself uses but a free alternative would have been welcome. There are TONS of free page builders in the form of plugins.
In my opinion, Brendan is an affiliate for ProfitBuilder and is recommending it only so he can make a commission when you purchase it from his link. At this point, I can already tell that he has money on his mind and does not really have your best interest at heart.
2) Domain and web hosting – $100+ per year
In order to create a website to be able to blog and write up reviews, you need to purchase a domain and the web hosting for it. A domain name is something like “yourdomain.com” and the web hosting is like a storage for all the information you put on your website.
These come at a cost; the domain name will usually cost you around $15 per year and the hosting, though it can be paid monthly through a few providers, will usually need to be paid for the whole year in one transaction and this will cost you over $100 for the first year.
Brendan does show you where to get the domain name and what web hosting provider to use, but fails to tell you that those same providers triple the price come renewal time.
3) Autoresponder – $20+ per month
Although the training is not focused on email marketing, there is still a little part of the training that goes over it. The tool that you’ll need to use for this is called an Autoresponder. I personally use Aweber but this also comes at a monthly price of $20.
It’s a good tool to use and it is optional, but in my opinion, the training only touches on email marketing and you won’t have enough information to make email marketing work to your advantage. Thus, it really ins’t recommended that you invest in this tool when you’re not really going to use it.
4) The Upsells – 5 OF THEM!!!
Upsell 1 – Done For You Magnets – $37 – These are done-for-you funnels that you can use to start making money immediately, such that you don’t have to go and think about what to promote and to create those funnels from scratch.
In some ways, it’s good because it saves you time but this is really not good in the long-term because EVERYBODY that buys the upsell will be promoting the same products using the same pages. Additionally, you won’t have the practice needed to create your own funnels in the future.
You will be limited to the done-for-you package and won’t ever be able to scale those campaigns. You just won’t know how to.
Upsell 2 – High Ticket Magnets – $197 – Again these are done for you magnets but for high-ticket programs. Yes, there is a different way to market high ticket programs and this COULD be effective. But again, you will be limited to what the upsell will be able to provide.
Upsell 3 – Advanced Secrets – $97 – They only tell us that they will show us their more advanced strategies and it seems like this is the upsell that you need to get in order to really bank those $2000 days. I don’t remember this being a criterion on the sales page to make such income, do you?
Upsell 4 – Limiteless Traffic – $197 – This upsell will show you how to do re-targeting with Ad Pixels. And to be honest with you, this is an overpriced upsell because there are much cheaper courses that can show you how to do this, and in some circumstances, even for free.
Upsell 5 – License Rights – $97 – With this upsell, you are given full rights to promote Cash Magnets and its upsells, as if it were your own product and earn 100% commissions throughout. This will only benefit you if you are in the make-money-online niche.
But really, why would you want to promote such a misleading program, knowing that it’s so misleading? I personally would not be able to sleep at night!
So what do you think of those costs? They’re really FAR from the $13 that you are initially told to invest, right?
Does It Work As Advertised?
That’s REALLY the moment of truth, is it not?
I’m sad to say that the sales page is highly misleading and that there is NO way that things are going to work as well as Brendan claims.
They claim that you’re gonna be able to make money TODAY and that this system will be a “set and forget” system and that you will only need to spend 20 – 30 minutes working everyday, when all this is completely FALSE!
You see, such a system that runs on 100% autopilot, as is implied here, does not exist. You still need to maintain the business from time to time, to make sure that it is running right, as well as to find new “cash magnets” to promote because the truth is, the buzz will eventually die down.
So, there will be constant work needed.
And as for the amount of time needed to invest into the program, you’ll need way MORE than 20 – 30 minutes per day to see the results shown. You need to remember that Brendan and Jono are already established and that they already know their stuff. They’re already well-known and can leverage their bank accounts to lure people.
But not you, if you are a newbie. You’ll need to invest a TON of hours per day, if you want to achieve the same results as them. You need to do your own research, you need to write your post, you need to create your video and you need to optimize your website and your video to get people to them.
This will take WAY more than 20 – 30 minutes per day.
As for being able to make money right away, again, that’s another hype and complete lie! It happens that people get luckly and do make money online their first day, but it’s far from typical. And it’s NOT going to happen if you are a complete newbie.
You see, you need to create trust and grow your authority and following. That’s not going to happen overnight.
Is Cash Magnets A Scam?
After everything that I have discovered and disclosed about Cash Magnets, I still do not think that it is a scam. It’s a matter of perception.
Some people will not call it a scam because you’re actually getting something for your money and the way and method of making money online are legit and could really bring in some money for you. Additioanlly, you also have the money back guarantee. No loss there, right?
But on the other hand, some people might actually call it a scam because of the misleading sales page and because of the fact that NOTHING on the sales page actually turns out to be true.
Whatever you call it, I do not think that Cash Magnets will do you any good. There are some good concepts introduced to you, but you will NOT be able to make $2K that easily because there’s much missing within the training. You need a lot more work to get this business off the ground than is depicted.
If the training within is not enough, then it means that you’ll need to invest even more in other training, in the hopes that it will further your online business education. It will be hard to find the right course too because most courses are like Cash Magnets; you’ll need to keep buying course after course just to piece the puzzle together.
And not disclosing the cost of running the business upfront so that you can make an informed buying decision, is EVEN worse. I would not want to help those kinds of people succeed in their business endeavours and be part of their misleading sales practices.
So on that note, I have to say that I do NOT recommend Cash Magnets. The decision is yours but in my opinion, it’s just not worth it!
Join Me And Let Me Show You The Ropes!
I was in the same boat as you, jumping from product to product, looking for that one course that would show me from A-Z what I needed to do to make money online and I lost a lot of money that way. Luckily, I didn’t give up and I found out about a course that I could start for free to see whether it suited me or not.
I do affiliate marketing and what I do is type up articles, very much like blogging, and I make sure to include keywords so that Google, Bing and Yahoo can send me free traffic. This traffic will read my article and click through to the product that I recommend.
Each time they buy through the link, I make commissions.
It sounds really easy and it really is. But there are still a few things that you have to learn and a lot of things that you need to do consistently in order to see results. This is not a get-rich-quick scheme and I would be lying if I said that you would make money instantly.
However, if you stick with it and follow the training, then I KNOW that you will be successful, just like I am making passive income online, just like the so many other people that are using the training and making a full-time income from it. The best news is that you can try it for free too!
It’s the same training that I used and I got results from it, so I know that it will work for you too. It’s free to try anyways so there’s nothing to lose. Sign up now and I will get in touch with you on the inside.